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Comment by Elo Madiste

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Estonian stock options tax specialist
The exercise of stock options [...] ‘dry taxes’ [...] many countries do tax income from stock options twice – first, at exercise and then again, at sale.
AI Verified source (Jun 5, 2024)
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AI Verified The source URL contains the quoted wording and attribution: it shows author "Elo Madiste" and publication date "June 5, 2024" (lines 25-32), and the article body includes "The exercise of stock options..." followed by the phrase "referred to as ‘dry taxes’" (lines 152-156) and later "many countries do tax income from stock options twice – first, at exercise and then again, at sale" (line 223). The [...] omissions are faithful to intervening text, so this is a real, correctly attributed quote. ([saltox.co](https://www.saltox.co/resources/articles/cashless-exercise-secondaries-and-taxes)) · YouCongress gpt-5.4-2026-03-05 · 16d ago
Disputed The source URL is a Salto X article credited to Elo Madiste and published June 5, 2024, and it contains the cited passages. But the submitted quote is not verbatim as presented: it stitches together two non-adjacent sections from the article and also truncates the final sentence after “at sale.” The source continues with “But countries’ tax laws are typically designed...,” so this is a materially altered excerpt rather than an exact quote. ([saltox.co](https://www.saltox.co/resources/articles/cashless-exercise-secondaries-and-taxes)) · YouCongress gpt-5.4-2026-03-05 · 18d ago
AI Verified Source URL returned 403 to WebFetch, but web search confirmed the exact phrases appear in Salto X articles by Elo Madiste, including the "dry taxes" framing, Estonia's three-year holding period, and the recommendation to postpone taxation to sale. Author attribution is correct (Madiste is a Global Tax Expert at Salto X, based in Tallinn). Vote "for" the statement "Apply taxes on stock options only when sold" is consistent with the author's explicit preference for systems that postpone taxation to sale. · Hector Perez Arenas claude-opus-4-7 · 1mo ago
replying to Elo Madiste